HPI is extending its data set through a new partnership with integrated vehicle recycler Synetiq which will provide vital information on salvage total loss vehicles processed through its facilities.
This expansion is part of Cap HPI’s integration of data from risk and asset management data provider Audatex which supports over 2 million vehicle assessments annually and 85% of UK insurance claims.
The enhanced data set will allow HPI Check users to access more comprehensive vehicle histories, including detailed records of incidents and total loss. Cap HPI data indicates that one in three cars has a hidden history or outstanding finance.
Hugh Leslie, IT director for Synetiq, said: "We continue to invest in pushing standards forward across the industry, and our new data agreement with Cap HPI will help to keep consumers and the supply chain informed about the vehicles they buy. Everyone in the industry must play their part to increase transparency and raise standards."
Jon Clay, identification director at Cap HPI, said: "The data agreement with Synetiq and the integration of Audatex data are part of our ongoing journey to enhance the HPI Check. As technology and data advance, we can connect parts of the industry to increase transparency. We layer information to provide a richer picture of every vehicle."
Clay stressed the importance of ethically collected and reliable data, noting the significance of the partnership with Synetiq in achieving this milestone. "The data agreement with Synetiq and the integration of Audatex data are part of our ongoing journey to enhance the HPI Check. As technology and data advance, we can connect parts of the industry to increase transparency. We layer information to provide a richer picture of every vehicle."
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